Daily Archives: November 24, 2019

Addy v Commissioner of Taxation – Statement from ATO on effect of DTA ‘anti-discrimination’ invalidity of ‘backpacker’ tax, whilst Commissioner decides if he’ll appeal

Two days after the Federal Court decided that the ‘backpacker tax’, imposed on a UK working holiday maker, was ineffective (as a breach of the UK-Aust Double Tax Agreement ‘anti-discrimination’ provisions), the Commissioner issued his 1 November 2019 statement, on the effect of this case. This was whilst he worked out if he would appeal…

FCT v Iannuzzi (No 2) – Liquidator disqualified for 10 years for systematic conduct facilitating ‘illegal phoenixing’ which was at least ‘reckless’

On 7 November 2019, the Federal Court disqualified a registered liquidator, from acting in that capacity for 10 years, as a result of systematic negligence involving the liquidation of some 23 companies. See below for a summary of the case and the Commissioner’s media release. [Tax Month – November 2019]    

Super Guarantee amnesty Bill: Senate Committee report recommending the Bill be passed and the Minority Labor Report

On 11 November 2019 (or thereabouts), the Senate Economic Legislation Committee has released its report, into the Bill that will establish the Government’s Super Guarantee (SG) amnesty – the Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019. As at the time of writing (24.11.19) the Bill has only been read a second time, in the…

Bobos v DCT – A company director subject to a default judgment for director penalties has been unsuccessful in challenging a bankruptcy notice based on the judgment debt

Bobos v DCT – On 19 November 2019, the Federal Court held that company director subject to a default judgment for director penalties has been unsuccessful in challenging a bankruptcy notice based on the judgment debt. See below for a summary of the case. [Tax Month – November 2019]